Home > Terms > English, UK (UE) > probable profit

probable profit

More likely than not. IFRS 5.A, The residual amount that remains after expenses (including capital maintenance adjustments, where appropriate) have been deducted from income. Any amount over and above that required to maintain the capital at the beginning of the period is profit.

0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: People Category: Musicians

Bob Dylan

American singer-songwriter and poet, well known since the 1960s when he became seen as a figurehead of social unrest and change through his songs ...